Dr. Reddy’s Launches Reditux™, our brand of rituximab, a monoclonal antibody (MAb) used in the treatment of Non-Hodgkin’s Lymphoma. Reditux™ is the world’s first monoclonal antibody (MAb) biosimilar. The launch event was held in Hyderabad on 27th April 2007 with over 100 leading oncologists from the country attending event.
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On the back of a stellar performance, Dr. Reddy’s finishes the financial year with revenues of USD 1.5 billion and becomes the number one pharmaceutical company in India in turnover and profitability.
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Dr. Reddy’s and Rheoscience commence the first Phase III clinical trial of Balaglitazone (DRF 2593), a novel TZD candidate for the treatment of diabetes mellitus. The study is the first in a series of planned Phase III trials which will investigate the safety and efficacy of Balaglitazone, as an oral anti-diabetic drug. Balaglitazone becomes the most advanced NCE from India.
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Founder Chairman, Dr.Reddy's